Image:
Phoenix Group reported strong BPA activity across 2023
Phoenix Group has said it delivered its 2025 growth target “two years early” having written around £6bn of bulk purchase annuity (BPA) premiums in 2023, an increase from the previous year’s £4.8bn.
Announcing its 2023 results on the London Stock Exchange, the insurer, which looks after the Standard Life brand, said in the second half of the year, seven BPA transactions were delivered covering...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
